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A homeowner association (or homeowners' association [HOA], sometimes referred to as a property owners' association [POA], common interest development [CID], or homeowner community) is a private, legally-incorporated organization that governs a housing community, collects dues, and sets rules for its residents. [1]
The term neighborhood association is sometimes incorrectly used instead of homeowners association. But neighborhood associations are not homeowners associations - groups of property owners with the legal authority to enforce rules and regulations that focus on restrictions and building and safety issues.
A community association is a nongovernmental association of participating members of a community, such as a neighborhood, village, condominium, cooperative, or group of homeowners or property owners in a delineated geographic area.
'We won't maintain it any longer.'
One specialist says HOA reserves don't need to be “fully funded.” 'This problem is not going away': An entire Florida homeowners association board just quit after $60K special assessment ...
HOA Q&A:Is it legal to require paying owners to pay assessments for those who don't pay? Q: I made a request to inspect and copy the official records of my HOA. I only asked to see about 10 pages ...
The earliest use of the term, which originates from the Viking town law in the Danelaw, wherein by is the Old Norse word for a larger settlement as in Whitby and Derby (compare with the modern Danish-Norwegian word by meaning town, or the modern Swedish word by, meaning village). [2]
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